I’m not sure what to do at the moment. Fixed deal with Octopus ends 4th Feb. Current tariff is 14.7p electricity and 3.4p gas. I pay £70 a month and usually in credit most months.
They’ve offered me a fixed tariff which basically doubles my bills, more than doubles with gas. 27.8p electricity, 8.4p gas. My monthly payment goes up to £143
The alternative is move to the SVR, 20.4p electricity, 4.1p gas which means my monthly payment only goes up £15 a month.
I’m leaning towards doing that rather than fix, but looking at the posts in this thread, that’s probably a bad move longer term once the price cap is reviewed?